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Mathematics, 01.08.2019 04:00 swelch2010

Ben and marge are purchasing a house with a 20-year, 5/1 arm for $265,000 at 5.25% with a 3/12 cap structure. what will the difference in payments be from year 5 to year 6? a. $925.81 b. $880.29 c. $369.32 d. $234.39

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Ben and marge are purchasing a house with a 20-year, 5/1 arm for $265,000 at 5.25% with a 3/12 cap s...

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